World’s Largest Insurance Companies – Top 146 Listed Insurers by Assets

By quantofasiaLists
Hong Kong International investment advisor

Here is list of the world’s largest insurance companies by assets as of 2017 is based on data from public filings on the major stock exchanges we currently have access to.

Earlier posts listed 35 large life and health insurers by market cap, and explained how a large percentage of Asian insurers’ assets and profits come from selling expensive cash-value life insurance policies like whole life, especially in Hong Kong.

Largest Listed Insurance Companies by Assets 2017

SectorRICReporting CurrencyAssets (USD millions)NameWebsite
Life6178.TJPY $2,585,531 Japan Post Holdings Co Ltdhttp://www.japanpost.jp/
Multiline & BrokersALVG.DEEUR $1,038,943 Allianz SEhttps://www.allianz.com
Life & HealthAXAF.PAEUR $1,030,112 AXA SAhttps://www.axa.com/
Life2318.HKCNY $900,025 Ping An Insurance Group Co of China Ltdhttp://www.pingan.com
Life & HealthPRUUSD $797,365 Prudential Financial Inchttp://www.prudential.com/
Property & CasualtyBRKaUSD $665,590 Berkshire Hathaway Inchttp://www.berkshirehathaway.com
Life & HealthPRU.L / PUKGBP $637,353 Prudential PLChttp://www.prudential.co.uk
Life & HealthGASI.MIEUR $621,075 Assicurazioni Generali SpAhttp://www.generali.com
Life & HealthMFCCAD $579,137 Manulife Financial Corphttp://www.manulife.com
Multiline & BrokersAIGUSD $499,762 American International Group Inchttp://www.aig.com
Multiline & BrokersCNPP.PAEUR $493,174 CNP Assurances SAhttp://www.cnp.fr
Life & HealthAEGN.AS / AEGEUR $473,836 Aegon NVhttps://www.aegon.nl
Life & Health8750.TJPY $465,495 Dai-ichi Life Holdings Inchttp://www.dai-ichi-life-hd.com/
Life2628.HK / LFCCNY $432,813 China Life Insurance Co Ltdhttp://www.e-chinalife.com
Multiline & BrokersZURN.SUSD $405,177 Zurich Insurance Group AGhttps://www.zurich.ch/
Life & HealthGWO.TOCAD $323,690 Great-West Lifeco Inchttps://www.greatwestlifeco.com/
Property & Casualty ReinsuranceMUVGn.DEEUR $311,429 Muenchener Rueckversicherungs Gesellschaft AG in Muenchenhttps://www.munichre.com/
LifeNN.ASEUR $271,536 NN Group NVhttps://www.nn-group.com
Life & HealthLNCUSD $267,468 Lincoln National Corphttps://www.lfg.com
Life & HealthSL.LGBP $252,349 Standard Life PLC
Life & HealthPFGUSD $235,496 Principal Financial Group Inchttp://www.principal.com/
LifeOML.LGBP $227,964 Old Mutual PLChttp://www.oldmutualplc.com/
Multiline & BrokersHIGUSD $225,863 Hartford Financial Services Group Inchttp://www.thehartford.com
ReinsuranceSRENH.SUSD $223,632 Swiss Re AGhttp://www.swissre.com
Life & HealthVOYA.KUSD $217,026 Voya Financial Inchttp://voya.com
Life & HealthSLHN.SCHF $207,419 Swiss Life Holding AGhttp://www.swisslife.com
Life1299.HKUSD $200,130 AIA Group Ltdhttp://www.aia.com
Property & Casualty8766.TJPY $198,232 Tokio Marine Holdings Inchttp://www.tokiomarinehd.com
Property & Casualty8725.TJPY $190,983 MS&AD Insurance Group Holdings Inchttp://www.ms-ad-hd.com
Multiline & BrokersTLXGn.DEEUR $184,677 Talanx AGhttp://www.talanx.com/
Life2601.HKCNY $168,362 China Pacific Insurance Group Co Ltdhttp://www.cpic.com.cn
Multiline & BrokersCBUSD $160,967 Chubb Corphttps://www2.chubb.com/
Insurance - Automobile1339.HKCNY $148,645 #N/Ahttp://www.picc.com.cn
Life & HealthAFLUSD $135,394 Aflac Inchttp://www.aflac.com
Life8795.TJPY $132,558 T&D Holdings Inchttp://www.td-holdings.co.jp
Multiline & BrokersAGES.BREUR $121,176 Ageas SAhttp://www.ageas.com
Property & CasualtyALLUSD $110,865 Allstate Corphttp://www.allstateinvestors.com/phoenix.zhtml?c=93125&p=irol-irhome
LifeSJP.LGBP $109,865 #N/Ahttps://www.sjp.co.uk/
Property & Casualty8630.TJPY $107,505 Sompo Holdings Inchttp://www.sompo-hd.com
Multiline & BrokersUNPI.MIEUR $105,294 Unipol Gruppo Finanziario SpAhttp://www.unipol.it/
Multiline & BrokersGNWUSD $104,686 Genworth Financial Inchttp://www.genworth.com
Life & Health8729.TJPY $104,399 Sony Financial Holdings Inchttp://www.sonyfh.co.jp
Property & CasualtyTRVUSD $102,669 Travelers Companies Inchttps://www.travelers.com/
LifeBALN.SCHF $83,760 Baloise Holding Ltdhttp://www.baloise.com
Property & CasualtyUS.MIEUR $80,014 UnipolSai Assicurazioni SpAhttp://www.unipolsai.it
Insurance - Automobile2328.HKCNY $79,950 PICC Property and Casualty Co Ltdhttp://www.epicc.com.cn/
Multiline & BrokersMAP.MCEUR $79,780 Mapfre SAhttp://www.mapfre.com/
Property & CasualtyLUSD $77,114 Loews Corphttp://www.loews.com/
Property & CasualtySUN.AXAUD $75,908 Suncorp Group Ltdhttp://www.suncorpgroup.com.au/
Life0966.HKHKD $75,183 China Taiping Insurance Holdings Co Ltdhttp://www.ctih.cntaiping.com
Property & Casualty ReinsuranceHNRGn.DEEUR $72,574 Hannover Rueck SEhttps://www.hannover-rueck.de/
Life & HealthSTB.OLNOK $68,812 Storebrand ASAhttp://www.storebrand.no
Life & HealthUNMUSD $62,525 Unum Grouphttp://www.unum.com/
Property & CasualtyXLUSD $61,025 XL Group Ltdhttp://xlgroup.com/
LifeAELUSD $59,636 American Equity Investment Life Holding Cohttp://www.american-equity.com
Property & CasualtyAFGUSD $58,618 American Financial Group Inchttp://www.AFGinc.com
Multiline & BrokersHELN.SCHF $58,128 Helvetia Holding AGhttp://www.helvetia.com
Property & CasualtyCNAUSD $55,201 CNA Financial Corphttp://www.cna.com/
Multiline & BrokersSCOR.PAEUR $49,941 Scor SEhttp://www.scor.com/
Property & CasualtyQBE.AXUSD $45,993 QBE Insurance Group Ltdhttps://www.group.qbe.com/
Property & CasualtyFFH.TOUSD $43,384 Fairfax Financial Holdings Ltdhttp://www.fairfax.ca/
Insurance - AutomobilePGRUSD $36,690 Progressive Corphttps://www.progressive.com/
Multiline & BrokersUNIQ.VIEUR $33,606 UNIQA Insurance Group AGhttp://www.uniqagroup.com/
Life & HealthCNOUSD $32,427 CNO Financial Group Inchttp://www.cnoinc.com/
Property & CasualtyACGL.OUSD $30,863 Arch Capital Group Ltdhttp://www.archcapgroup.com
Multiline & BrokersAIZUSD $30,059 Assurant Inchttp://www.assurant.com
LifeFGLUSD $27,897 Fidelity & Guaranty Lifehttps://home.fglife.com/
Property & CasualtyRSA.LGBP $27,892 RSA Insurance Group PLChttps://www.rsagroup.com/
Property & CasualtyMKLUSD $26,401 Markel Corphttps://www.markelcorp.com
Multiline & BrokersANAT.OUSD $25,448 American National Insurance Cohttp://www.anico.com/
PropertyAFSI.OUSD $25,328 AmTrust Financial Services Inchttps://amtrustgroup.com/
Property & CasualtyYUSD $23,939 Alleghany Corphttp://www.alleghany.com
Property & CasualtyWRBUSD $23,547 W. R. Berkley Corphttp://www.wrberkley.com/
Property & CasualtyIAG.AXAUD $23,135 Insurance Australia Group Ltdhttp://www.iag.com.au/
Property & Casualty ReinsuranceREUSD $22,193 Everest Re Group Ltdhttp://www.everestregroup.com
LifeTMKUSD $22,087 Torchmark Corphttp://www.torchmarkcorp.com
ReinsuranceAXSUSD $21,500 AXIS Capital Holdings Ltdhttp://www.axiscapital.com/
Property & CasualtyCINF.OUSD $20,753 Cincinnati Financial Corphttp://www.cinfin.com
Property & CasualtyORIUSD $18,905 Old Republic International Corphttp://www.oldrepublic.com/
LifeCGF.AXAUD $17,987 Challenger Ltdhttp://www.challenger.com.au
Multiline & BrokersGJFS.OLNOK $17,955 Gjensidige Forsikring ASA
Multiline & BrokersGCO.MCEUR $16,756 Grupo Catalana Occidente SAhttp://www.grupocatalanaoccidente.com/
Multiline & BrokersESGR.OUSD $14,883 Enstar Group Ltdhttp://www.enstargroup.com/
Property & CasualtyAGOUSD $14,655 Assured Guaranty Ltdhttp://assuredguaranty.com/
Property & CasualtyTHGUSD $14,491 Hanover Insurance Group Inchttp://www.hanover.com
Property & CasualtyAWHUSD $13,428 Allied World Assurance Company Holdings Ltdhttps://www.awac.com/
Property & Casualty ReinsuranceRNRUSD $13,320 Renaissancere Holdings Ltdhttp://www.renre.com
Property & CasualtyDLGD.LGBP $13,185 Direct Line Insurance Group PLChttp://www.directlinegroup.com
Property & Casualty ReinsuranceAHLUSD $12,517 Aspen Insurance Holdings Ltdhttp://www.aspen.co
PropertyHTHUSD $12,338 Hilltop Holdings Inchttp://www.hilltop-holdings.com/
Property & CasualtyTOP.CODKK $12,247 Topdanmark A/Shttp://www.topdanmark.com/
Property & Casualty ReinsuranceVRUSD $12,137 Validus Holdings Ltdhttp://www.validusholdings.com
LifeNWLI.OUSD $12,033 National Western Life Group Inchttps://www.nationalwesternlife.com
LifePRIUSD $11,670 Primerica Inchttp://www.primerica.com
Property & CasualtyHMNUSD $10,780 Horace Mann Educators Corphttp://www.horacemann.com/
Property & CasualtyMBIUSD $9,767 MBIA Inchttp://www.mbia.com
LifeFFGUSD $9,663 FBL Financial Group Inchttp://www.fblfinancial.com
Property & CasualtyHSX.LGBP $9,234 Hiscox Ltdhttp://www.hiscox.com
Property & CasualtyFAFUSD $8,874 First American Financial Corphttp://www.firstam.com/
Multiline & BrokersKMPR.KUSD $8,307 Kemper Corphttps://www.kemper.com/
Property & CasualtyAGII.OUSD $8,241 Argo Group International Holdings Ltdhttps://www.argolimited.com/
Property & CasualtyELER.PAEUR $7,564 Euler Hermes Group SAhttp://www.eulerhermes.com
Insurance - AutomobileTRYG.CODKK $7,539 Tryg A/Shttp://www.tryg.com
Property & CasualtySIGI.OUSD $7,404 Selective Insurance Group Inchttp://www.selective.com/
Insurance - AutomobileADML.LGBP $7,373 Admiral Group PLChttps://admiralgroup.co.uk/
Property & Casualty ReinsuranceMHLD.OUSD $6,557 Maiden Holdings Ltdhttp://www.maiden.bm/
Property & CasualtyWTMUSD $6,517 White Mountains Insurance Group Ltdhttp://www.whitemountains.com/
Property & CasualtyRDNUSD $5,817 Radian Group Inchttp://www.radian.biz/
PropertyMTGUSD $5,600 MGIC Investment Corphttps://www.mgic.com/
Property & CasualtyNAVG.OUSD $4,957 Navigators Group Inchttp://www.navg.com
Property & CasualtyPRAUSD $4,873 ProAssurance Corphttp://www.proassurance.com/
Insurance - AutomobileMCYUSD $4,864 Mercury General Corphttps://www.mercuryinsurance.com/
Property & CasualtyUFCS.OUSD $4,097 United Fire Group Inchttp://www.unitedfiregroup.com/
Property & Casualty ReinsuranceTPRE.KUSD $3,909 Third Point Reinsurance Ltdhttp://www.thirdpointre.bm/
Property & CasualtyEIGUSD $3,834 Employers Holdings Inchttp://www.employers.com/
Property & CasualtyOBUSD $3,572 OneBeacon Insurance Group Ltdhttp://www.onebeacon.com/
Property & CasualtyGMA.AXAUD $3,037 Genworth Mortgage Insurance Australia Ltdhttp://www.genworth.com.au/
Property & CasualtySTFC.OUSD $2,979 State Auto Financial Corphttp://www.stateauto.com/
Property & CasualtySNC.OUSD $2,976 State National Companies Inchttp://www.statenational.com
Property & CasualtyTHFF.OUSD $2,957 First Financial Corphttp://investor.first-online.com/CorporateProfile.aspx?iid=100502
Property & CasualtyLRE.LUSD $2,914 Lancashire Holdings Ltdhttp://www.lancashiregroup.com
Property & CasualtyRLIUSD $2,882 RLI Corphttps://www.rlicorp.com/
HealthMPL.AXAUD $2,707 Medibank Private Ltdhttps://www.medibank.com.au
Insurance - AutomobileIPCC.OUSD $2,439 Infinity Property and Casualty Corphttp://ir.infinityauto.com/
Property & CasualtyJRVR.OUSD $2,411 James River Group Holdings Ltdhttp://www.jrgh.net/
Property & CasualtyESNT.KUSD $1,988 Essent Group Ltdhttp://essentgroup.com/
Insurance - AutomobileSAFT.OUSD $1,761 Safety Insurance Group Inc
Property & CasualtyDGICA.OUSD $1,703 Donegal Group Inchttps://www.donegalgroup.com/
Property & CasualtyEMCI.OUSD $1,592 EMC Insurance Group Inchttp://www.emcins.com/ir/index.aspx
LifeAMSF.OUSD $1,559 Amerisafe Inchttps://www.amerisafe.com/
Property & CasualtyERIE.OUSD $1,490 Erie Indemnity Cohttp://www.erieinsurance.com/
PropertySTCUSD $1,308 Stewart Information Services Corphttp://www.stewart.com/
Property & CasualtyHALL.OUSD $1,173 Hallmark Financial Services Inchttp://www.hallmarkgrp.com/
Property & CasualtyUVEUSD $1,060 Universal Insurance Holdings Inchttp://www.universalinsuranceholdings.com/
Property & CasualtyHRTG.KUSD$955Heritage Insurance Holdings Inchttp://www.heritagepci.com
Property & CasualtyUIHC.OUSD$951United Insurance Holdings Corphttps://www.upcinsurance.com/
HealthNHF.AXAUD$888NIB Holdings Ltd
PropertyNMIH.OUSD$840NMI Holdings Inchttp://www.nationalmi.com/
Property & CasualtyFNHC.OUSD$788Federated National Holding Cohttp://www.fednat.com
Property & CasualtyHCIUSD$788HCI Group Inchttp://hcigroup.com/
Insurance BrokersAUB.AXAUD$590AUB Group Ltdhttp://www.aubgroup.com.au/IRM/content/default.aspx
Multiline & BrokersTWR.NZNZD$457TOWER Ltdhttp://www.tower.co.nz/
Insurance - AutomobileAFH.OUSD$450Atlas Financial Holdings Inchttp://www.atlas-fin.com/
Property & CasualtyITIC.OUSD$233Investors Title Cohttps://www.invtitle.com/
Insurance BrokersEHTH.OUSD$133eHealth Inchttp://www.ehealthinsurance.com/
HealthTRUP.OUSD$88Trupanion Inchttp://trupanion.com

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